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“Building with History: The Exhibit” Showcases Original Models of Foster’s Work & Commemorates Hearst Tower as His First American Skyscraper; Hearst Tower Earns Second Existing Building LEED Certification

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NEW
YORK, November 16, 2016 — Hearst, one of the nation’s largest
diversified media, information and services companies touching more than 360
businesses, will debut a unique exhibit at its New York City headquarters
tomorrow celebrating the 10th anniversary of the opening of Hearst
Tower with a collection of building design models by distinguished architect
Norman Foster, and his practice Foster + Partners.

The gallery—“Building with History: The
Exhibit”—marks the first time that these projects will be showcased in
one display in the U.S. Foster, founder and chairman of Foster + Partners,
designed Hearst’s landmarked Tower at 57th Street and 8th
Avenue, which opened on October 9, 2006.

Prior to the exhibit opening, Foster will speak
as part of Hearst’s Master Class series beginning at 5 p.m.

More than a quarter million people pass by
Hearst Tower each week, and it has come to be considered one of New York City’s
most celebrated and iconic buildings. It was the first building commissioned in
New York City after the September 11th attacks, and upon its
completion, the Tower served as a space to bring a portion of Hearst’s many New
York City-based brands and businesses into a common space.

“Ten years later, Hearst Tower remains a symbol
not only of this great city, but everything that Hearst, its people and its
businesses stand for,” said Hearst President and CEO Steven R. Swartz. “Both forward-thinking
and grounded in history, the Tower perfectly represents Hearst to our partners
and the communities we serve.”

When Hearst Tower opened a decade ago, it was
New York City’s first occupied building to achieve the coveted Gold rating
under the U.S. Green Building Council's Leadership in Energy and Environmental
Design (LEED) program. Since earning that prestigious honor, the Tower also
received LEED Platinum certification in 2012 for the operations and maintenance
of its existing building. This year, Hearst Tower vied for and received its
second existing building certification, making it one of the first structures
to reach this milestone.

“More than almost anything else we’ve done,
Norman Foster’s Tower has become Hearst’s signature,” said Hearst Executive
Vice Chairman and Former CEO Frank A. Bennack, Jr. “Our LEED Gold and Platinum
headquarters is an internationally recognized symbol of bold, original
thinking. It ushered in a new era of sustainable architecture—and continues to
inspire associates at every level and in every line of business to reimagine
what a media company can be.”

“This exhibit brings back many memories about
the inception of Hearst Tower,” Foster said. “Walking into the building a
decade later, you immediately note the flourishing sense of community, and it
takes me back to the very earliest days of the project.”

Hearst Tower’s design features two rotating
gallery exhibits in the 3rd floor atrium, providing space for
employees to appreciate art in the workplace. “Building with History” will span both galleries until April 15.
The exhibit includes 28 scale presentation, section, site, study and master
plan models, original sketches, floor plans, elevations and photographic
timelines chronicling the projects of Norman Foster and Foster + Partners.

Over the past five decades, Foster + Partners
has designed a number of contemporary additions to significant historic
structures. These have sensitively extended the buildings, and broadened their
potential uses, while improving readability and the capacity to attract
enthusiastic new users. The exhibition, held within Hearst Tower—an exemplar of
the practice’s approach to working within a historical context
itself—encapsulates the journey thus far, from the creation of the Sackler Galleries
at London’s Royal Academy of Arts in the early 90s, to the ongoing Norton
Museum of Art in West Palm Beach, Fla.

Today, Hearst Tower is home to over 2,000
Hearst employees across the company’s varied businesses, and includes storied
spaces like the Good Housekeeping Research Institute and the Good Housekeeping
Dining Room.

This year marks the 88th anniversary
of the completion of the six-story base on which the 597-foot Tower stands. The
original structure, called the International Magazine Building, was designed by
Joseph Urban and George B. Post & Sons in 1926, completed by Hearst founder
William Randolph Hearst in 1928, and designated a New York City landmark in
1988.

Since the Tower opened, Hearst has experienced
significant growth across its seven divisions, including the acquisition of an
80 percent stake in Fitch Ratings, forming Complex Networks jointly with
Verizon Communications Inc., and launching several new magazines, including HGTV Magazine and Dr. Oz THE GOOD LIFE. In 2015, Hearst commemorated the 10th
anniversary of Hearst Tower "topping out" with a state-of-the-art
camera drone tour. In addition to Hearst Tower, Foster + Partners’
impressive line-up of international projects includes the Apple Campus in
Cupertino, Calif., and new German Parliament in the Reichstag in Berlin.

Recently, Hearst Tower itself underwent an
update with Hearst’s unveiling of HearstLive,
a new multimedia LED installation at street level. HearstLive showcases
continuously updated news, entertainment and information from Hearst’s 360+
businesses and partners on 57th Street and 8th Avenue
each day. Additionally, at the corner of the installation, the
BrandCentral@HearstLive feature allows visitors to experience Hearst brands and
partners via social media. See today’s content on your mobile device at HearstLive.com.

About
Hearst

Hearst is one of the nation’s largest
diversified media, information and services companies with more than 360
businesses. Its major interests include ownership in cable television networks
such as A&E, HISTORY, Lifetime and ESPN; majority ownership of global ratings
agency Fitch Group; Hearst Health, a group of medical information and services
businesses; 30 television stations such as WCVB-TV in Boston and KCRA-TV in
Sacramento, Calif., which reach a combined 19 percent of U.S. viewers;
newspapers such as the Houston Chronicle,
San Francisco Chronicle and Albany Times Union, nearly 300 magazines
around the world including Cosmopolitan,
ELLE, Harper’s BAZAAR and Car and Driver; digital services
businesses such as iCrossing and KUBRA; and investments in emerging digital and
video companies such as BuzzFeed, Vice, Complex Networks and AwesomenessTV.
Follow us on Twitter @HearstLive
and @Hearst, and subscribe to Hearstlink.

Hearst Tower is the Platinum LEED certified global headquarters of Hearst, one of the nation's largest diversified media, information and services companies.